What current ratio reveals about hershey company

Assignment Help Accounting Basics
Reference no: EM132465232

Question 1: The following are ratios for 20X3. Provide a brief description of what each ratio reveals about Hershey company.

Point 1: Return on common equity 0.616

Point 2: Debt-to-assets 0.698

Point 3: Debt-to-equity 2.32

Point 4: Current 1.77

Point 5: Quick 1.13

Point 6: Inventory turnover days (Use 365 days).) 61

Point 7: Accounts receivable turnover days (Use 365 days.) 24

Point 8: Accounts payable turnover days (Use 365 days.) 42

Point 9: Operating cycle (in days) (Use 365 days.) 43

Point 10: Total asset turnover 1.41

Reference no: EM132465232

Questions Cloud

What are the most important liquidity ratios and why : What are the most important liquidity ratios and why? List five major categories of ratios and explain how they could be used to help a firm.
Journalize the entry to record the issuance of bonds : Journalize the entry to record the issuance of bonds on April 1, 2016. For a compound transaction, if an amount box does not require an entry
Compute ending inventory and cost of goods sold under fifo : Compute ending inventory and cost of goods sold under LIFO, assuming Bramble Company uses the periodic inventory system.
Construct a randomization test to determine if this figure : Construct a randomization test to determine if this figure is less than for firefighters who worked for six months or more at a=0.01?
What current ratio reveals about hershey company : What Current 1.77, Accounts receivable turnover days (Use 365 days.) 24,Return on common equity 0.616 ratio reveals about Hershey company
Construct a randomization test to test : Construct a randomization test to test whether the proportion of Americans who favor the death penalty declined over 30 years. Use a=0.05 and interpret test
Estimate of the population proportion : How many patients must be surveyed in order to be 80% confident that the resulting estimate of the population proportion is with 3 percentage points
Employees according to job performance and attitude : Managers rate employees according to job performance and attitude. The results for several randomly selected employees are given below and their regression
What is the estimate cost percentage of the ending inventory : What is the estimated cost percentage of the ending inventory for 2015?The data shown is taken from the records of Locust Inc. for the year 2015.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Jackson company is the publicly held corporation whose 1

jackson company is a publicly held corporation whose 1 par value stock is actively traded at 75 per share. the company

  Hillside issues 1500000 of 6 15-year bonds dated january 1

hillside issues 1500000 of 6 15-year bonds dated january 1 2013 that pay interest semiannually on june 30 and december

  Digital marketing-sales promotion-direct marketing

Write a 6,000- to 7,000-word paper that integrates your previous Learning Team assignments into a final Marketing Plan. In addition to your previous papers, include the following:

  Prepare a multiple-step income statement

Required - Prepare a multiple-step income statement combined with a reconciliation of retained earnings for the year ended December 31, 2012

  What amount of gain should anderson recognize

On October 1, 2009, Donald Anderson exchanged an apartment building, having an adjusted basis of $375,000 and subject to a mortgage of $100,000, for $25,000 cash and another apartment building with a fair market value of $550,000 and subject to a ..

  Analyze the impact of erroneous classifications

Analyze the impact of erroneous classifications in the operating activities section of the cash flow statement on free cash flow and how this distortion can impact the decisions made by financial statement users.

  Prepare the journal entries required on wild expansion books

Question - Exchange of Assets - Instructions: Prepare the journal entries required on Wild Expansion Co.'s books to record the exchanges

  Make all journal entries on candra christensen books

Make all journal entries necessary on Candra Christensen's books in 2011, 2012, and 2013 to record the forward contract

  Cost for the construction of a new building

Ethan Company purchased a parcel of land and then incurred specific costs for the construction of a new building.

  Determine the degree of operating leverage for each

byp6-2 for nearly 20 years custom coatings has provided painting and galvanizing services for manufacturers in its

  What is thomas companys ending retained earnings balance

The following selected amounts are available for Thomas Company. Retained earnings (beginning) $2,500. What is its ending Retained Earnings balance?

  Amount of liability for compensated absences

M estimated that there were 200 vacation days available at December 31, 2009. M's employees earn an average of $150 per day. In its December 31, 2009, balance sheet, what amount of liability for compensated absences is M required to report?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd